Freedom Capital successfully placed a 2nd mortgage behind another private lender to assist a self-employed client consolidate outstanding debts due to Covid.
Mortgage to Pay off Debts Due to Covid Costs
Mortgage Amount : $124,000.00
Freedom Capital successfully placed a 2nd mortgage behind another private lender to assist a self-employed client consolidate outstanding debts due to Covid.
Clients were looking to consolidate all of their high interest revolving debts which was over $3,500 per month in payments. Clients had excellent income. Their first mortgage was coming up for maturity in six months, they wanted short-term financing until they could refinance.
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Disclosure : Applying for a mortgage does not guarantee approval for the mortgage. No Upfront fee is applicable for the mortgage however processing Fees may apply. APR can vary depending on mortgage amount.